11.482J / 1.285J / ESD.193J Regional Socioeconomic Impact Analysis and Modeling, Fall 2005

Abstract

Reviews regional economic theories and models and provides students with experience in using alternative economic impact assessment models on microcomputers. Problem sets are oriented around infrastructure, housing, energy, and environmental issues. Students work with a client generally in Boston and make a presentation to the client. Emphasis on written and oral presentation skills. From the course home page: Course Description The advanced graduate seminar is designed to provide students with a thorough understanding of selected regional economic theories and techniques and with experience in using alternative socioeconomic impact assessment models and related regional techniques on microcomputers. Discussions will be held on particular theoretical modeling and economic issues; linkages among theories, accounts, and policies; relationships between national and regional economic structures; and methods of adjusting and estimating regional input-output accounts and tables. Examples from the Boston area and other U.S. cities/regions will be used to illustrate points throughout the seminar. This year we will also examine international employment outsourcing from Boston industries and the economic impacts on the local economy. New material on analyzing regional-development issues will also be covered.